But as of today, I want to consider, in addition to the opportunities for profitable scalping, the main medium-term picture and the growing probability of the main wave of growth. As I expected, before the opening of a new monthly candle, there was an attempt to retest the key volatility growth level of 0.25, but the negative overall market dynamics did not provide sufficient volatility. However, the gradual growth of the trend has accelerated, allowing the second half of the quarter to open above 0.175, providing a clear technical signal for a transition into the range of 0.25-35 and growth in the second half of the quarter. Indirectly, this also hints that delisting for the token seems to be unlikely for now.
As of today, there is still a possibility for a breakout to 0.25 already this week if there is sufficient volatility in the market. A signal for this may be a new high on Ethereum from yesterday's daily candle or a move on the altcoin index above 9.75% with an attempt to break 10%. In the absence of sufficient volatility, a slight pullback can be expected at the beginning of the week to form a shadow under the new weekly candle due to the fear of delisting, which is characteristic of all coins tagged as monitoring, followed by a powerful breakout in the second half of the week already within the framework of a trend change on the weekly chart to bullish. To understand the medium-term picture and growth potential, it is worth considering the monthly and weekly charts where a second bottom has formed. On the monthly chart, the picture for OAX closely resembles PROS. Technically, the growth potential reaches 0.75-1.0. Besides OAX and VIB, there are no other oversold coins with similar growth potential on Binance.
The most dangerous instruments, which are in the development stage, have the greatest growth potential, as we have already seen with the example of PROS and TROY, however, there remains the possibility of delisting in case of project issues. Therefore, I want to reiterate and remind of the need to carefully weigh money management, choosing a moderate position on dangerous instruments as insurance against major losses in case of error, delisting, or prolonged drawdown. It is also advisable to prioritize trading coins with the monitoring tag in the second half of the week, as delistings have most often occurred in the first half.
